Tax benefit on 194 J income

366 views
User Avatar

DOCTOR
74 Points Posted on 17 June 2023

I am a government employee. I am getting regular salary from my DDO along with some amount as  professional fee TDS deducted under 194J. I want to know can I claim income tax benefit on amount on which TDS deducted under sec 194 J

0 Reply Share Follow
On 17 June 2023 at 22:41 Report
Replies (4)
Quick Summary
As a government employee receiving a salary and professional fees with TDS under Section 194J, you can claim tax benefits. Specifically, 50% of the professional fee income may be deductible under Section 44ADA of the Income Tax Act. This deduction can be claimed alongside any deductions applicable to your regular salary, and the adjustments will be handled automatically.

User Avatar

SEO Sai Gr. Hosp.
212535 Points Posted on 17 June 2023

Yes, directly 50% under sec. 44ADA IT act.

Reply
On 17 June 2023 at 23:28
User Avatar

DOCTOR
74 Points Posted on 18 June 2023

Can this benefit be availed along with chapter IV deduction on regular salary 

Reply
On 18 June 2023 at 00:28
User Avatar

"Do the Right Thing...!!!"
128157 Points Posted on 18 June 2023
Yes, You can avail the benefit of Deductions .
Reply
On 18 June 2023 at 08:00
User Avatar

Profession
28271 Points Posted on 18 June 2023
It will be automatically adjusted.
Reply
On 18 June 2023 at 18:22

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Guidence requested for a Finance Professional with
  2. Expert Opinion Required – Form 140 Gross Amo
  3. WRONG TAX DEMAND - formal responses , rectificatio
  4. Foreign remittance
  5. Affordable Residential Flats in Gurgaon
  6. Manufacturing
  7. TAN REGISTRATION ON E-FILLING SITE
  8. Form 10-IEA – Continuing Old Regime
  9. Income tax act 2026
  10. Belated Return where Form 10IEA filed this year to

More recent discussions | Post

Related Topics :

Loading